Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1201 Longhorn Rd Fort Worth, TX 76179

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1201 Longhorn Rd Fort Worth, TX 76179

    View on Map
    • Strip malls
    • 20,320 SF
    • 2.14 lot acres
    For Lease
    $25 SF/Yr
    View Listing →
    Retail Space in Fort Worth For Lease
    $25 SF/Yr
    1,209 SF

    Retail Space in Fort Worth

    Retail space available for lease in Fort Worth, Texas.

    1201 Longhorn Rd, Fort Worth, TX
    View Listing
    Property ID
    US82-5279377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $840,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FUNDATOR / Logistics Company
    • Art Nails & Spa / Nail Salon
    • Cheer Spirits & Liquor LLC / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Best Donuts / Bakery / Discount Store
    • Starchy Bros Cleaners / (Bike/Boat/Book/etc) Store

    Property Details for 1201 Longhorn Rd

    Year built
    2006
    Lot size
    2.14 lot acres
    Property size
    20,320 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    24234-A-2
    APU
    24234A2

    Description

    The Shops at Longhorn, a single-story Class B retail center in Northwest Fort Worth, Texas, offers exceptional opportunities for businesses seeking high-visibility locations. Built in 2006, this 19,800 square foot center is situated at 1201 Longhorn Road, zip code 76179, in a thriving suburban area. The property is zoned commercial and features two suites, with spaces ranging from a minimum of 1,209 square feet to a maximum contiguous space of 3,000 square feet. Its prime location on Longhorn Road places it in a high-traffic area, surrounded by residential developments and across from a 7-Eleven. Current tenants include Papa Murphy's, Cheers Liquor, Best Donut's, Bar 32, and Art Nails & Spa, creating a vibrant and established commercial environment. This property presents a unique chance to establish or expand your business within a bustling community experiencing significant growth. The property's convenient access and strong tenant mix make it an attractive investment for a variety of retail, medical, professional, and storage businesses. The property is classified as Retail, Office, and Industrial, offering flexibility for diverse business needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $695,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $986,000
      Market price range: $538k - $1.31M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $920,000
      Current use
      WAREHOUSE, STORAGE
      $760,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3847
    Latitude
    32.8475
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $70,980
    $698,160
    $2,251,840
    $2,950,000
    -
    $698,160
    $2,251,840
    $2,950,000

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      128 Saginaw Blvd

      SHOPPING CENTER, STRIP CENTER • 0.17 Acres
      128 Saginaw Blvd, Saginaw, TX 76179-1635
      View Details
    • Value Estimation
      $710,000
      17,001 SF

      8455 Boat Clb Rd

      SHOPPING CENTER, STRIP CENTER • 17,001 SF
      8455 Boat Clb Rd, Fort Worth, TX 76179-3632
      View Details
    • Value Estimation by Request
      7,500 SF

      8521 Boat Clb Rd

      SHOPPING CENTER, STRIP CENTER • 7,500 SF
      8521 Boat Clb Rd, Fort Worth, TX 76179-3600
      View Details
    • Value Estimation
      $680,000
      12,755 SF

      4540 Bailey Boswell Rd

      SHOPPING CENTER, STRIP CENTER • 12,755 SF
      4540 Bailey Boswell Rd, Fort Worth, TX 76179-4398
      View Details
    • Value Estimation
      $1,300,000
      59,700 SF

      514 Saginaw Blvd

      SHOPPING CENTER, STRIP CENTER • 59,700 SF
      514 Saginaw Blvd, Saginaw, TX 76179-1906
      View Details
    • Value Estimation by Request
      5,200 SF

      425 Hampshire St

      SHOPPING CENTER, STRIP CENTER • 5,200 SF
      425 Hampshire St, Fort Worth, TX 76179
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,000 SF

      New Retail Center on Corridor

      Newly built retail center with high visibility and traffic.
      325 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • $4,800,000
      1.35 Acres

      New Retail Center in Saginaw

      New retail center with high visibility and traffic.
      325 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • $999,995
      2,990 SF

      Commercial Condo Building For Sale

      Commercial condo building with office/retail space in a well-established corridor.
      5748 Boat Club Rd, Fort Worth, TX 76179
      View Details
    • Contact for pricing

      Automobile Repair Shop on Saginaw

      Three lots with multiple buildings for auto repair business.
      213 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • $5,500,000
      14,700 SF

      Retail Redevelopment or NNN Investment

      Retail property in Fort Worth submarket with redevelopment potential.
      833 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • Contact for pricing
      14,700 SF

      Retail Property in Saginaw, Texas

      Redevelopment opportunity or absolute net lease investment in Saginaw.
      833 N Saginaw Blvd, Saginaw, TX 76179
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Retail Space in Saginaw, Texas

      Retail space available in a neighborhood shopping center.
      1441-1453 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • Contact for pricing
      3,553 SF

      New Retail Strip For Lease

      New retail strip located near residential and school areas.
      W Bailey Boswell Rd, Fort Worth, TX 76179
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in New Center

      4,000 SF retail space in growing Fort Worth area.
      8652 Bryson Ln, Fort Worth, TX 76179
      View Details
    • Contact for pricing

      Neighborhood Center Retail Space

      Retail space available in a neighborhood shopping center.
      1441-53 N Saginaw Blvd, Saginaw, TX 76179
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Saginaw Center

      Retail space available in well-established Saginaw shopping center.
      702-736 S Saginaw Blvd, Saginaw, TX 76179
      View Details
    • Contact for pricing
      5,500 SF

      Restaurant Opportunity in Cultural District

      Restaurant spaces for lease in Fort Worth's Cultural District.
      3300 Camp Ct, Fort Worth, TX 76179
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1201 Longhorn Rd
    Fort Worth, TX 76179
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!